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Look at the table below at the ratios for Steel and Grocery Stores and explain as much as you can the reasons for the differences

Look at the table below at the ratios for Steel and Grocery Stores and explain as much as you can the reasons for the differences in their ratios.

Steel and Iron Grocery Stores Current Ratio 1.7 1.1 Inventory Turnover 5.2 11.0 Total Asset Turnover 1.0 2.4 Debt Ratio 61.9 73.9 Days Sales Outstanding 46.2 9.1 Profit Margin 3.9 0.5 Return on Assets 3.7 1.2 Return on Equity 9.7 4.6

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